Along with her birthday cake and Cocoa Krispies yesterday, we also gave Lily 3 jars labeled Spend, Save and Share. Seven seemed the right age to start an allowance; it can be a new part of her curriculum. 🙂 We plan to start slow and remain steady. Weekly we will give her a small sum and she will divide it among her jars. She will come up with a plan for what she may like to save for, the spending money can buy things like art supplies or new nail polish, and the share jar will open up a conversation about giving away money to causes you care about. This will force me to make some sense of where we put our money and how to explain that to her. I think it will be educational for all of us!